Hain Celestial acquires beauty care company Belvedere International

Organic and natural products company Hain Celestial has acquired health and beauty care products manufacturer Belvedere International for an undisclosed amount.

Belvedere International offers close to 200 baby, body and hair care products under Live Clean brand, as well as several mass market brands.

Produced at a production site in Mississauga, Ontario, Belvedere’s products are sold primarily in Canada.

Commenting on the acquisition, Hain Celestial founder, president and CEO Irwin D. Simon said: "We are excited by the acquisition of the Live Clean brand, which expands our presence in the personal care category and complements our Avalon Organics, Alba Botanica and JASON brands that we sell into Canada."

Hain Celestial claims that the acquisition is expected to increase the scale of its Canadian operations to over $150m in net sales and provides with opportunities for sales expansion and cost efficiencies.

Belvedere International CEO Larry Romagnuolo said: "I am pleased the employees of Belvedere are joining Hain Celestial Canada, who can ensure the next level of growth for the personal care business established by my family 34 years ago, and I look forward to working with Beena Goldenberg and the Hain Celestial team in pursuing new opportunities as part of a leading organic and natural products company."

Currently, Hain Celestial has operations in North America, Europe and India.